SBA Loans

Your small business is Everything to You,

Helping you succeed is Everything to Us!

Financing Opportunities for Your Small Business

SBA 7(a) Loan Program

7(a) Loans are used to finance permanent working capital, equipment, land and building, business acquisitions, and start-up businesses.

The Bank funds the entire loan with 75% guaranty of the SBA on loans over $150,000. The maximum loan size is $5,000,000. Borrower pays a guaranty fee to the SBA on the 75% guaranteed portion of the loan which can be included in the financing.

Up to 10 year term without real estate and up to 25 year term with real estate.

Reasons to use SBA 7(a) Loans

Business Acquisitions (Franchise or non-franchise)

Partner Buyouts

Start-up Business

Equipment and Machinery Financing

Real Estate - up to 25 years

Debt Refinance - longer terms to improve cash flow

Long Term Working Capital - secured by inventory and accounts receivable

SBA 7(a) Special Promotion for Veterans

Third Coast Bank will waive the cost of our internally prepared SBA loan package for Veteran Business Owners during 2019. This represents a closing cost savings of up to $2,500!